> “Luxury beliefs” are all the rage in elite circles. Rob Henderson, a PhD candidate at the University of Cambridge who coined the term, explained that they are

> “Luxury beliefs” are all the rage in elite circles. Rob Henderson, a PhD candidate at the University of Cambridge who coined the term, explained that they are “ideas and opinions that confer status on the rich at very little cost, while taking a toll on the lower class.” Most exchanges allow partial coin ownership. I tried to find a minimum for Robinhood (since it's fairly popular) but couldn't.